What do I think now ?......I'm giving you another 'thumbs down' just for being a wise guy.
buy backs simply masks problems. Looks like your earnings per share have increased but in actuality its a reduction of the amount of shares that gives the illusion that earnings have increased. That strategy was fine when first implemented by many firms years ago. But now the investment community is somewhat more savvy and this scenario is quite frankly TIRED.
I own RDS which is also subject to the foreign tax, When its all said and done, some of that tax is credited to you. On the surface it looks bad but in reality when SOME of the tax is returned to you through the IRS filing the foreign investment in a QUALITY company is usually a no-brainer. It might not be a 'slam dunk' but the opportunities abound these days with companies like TOT. Just look at the dividend. Then look at where TOT's stock price will settle at sometime in 2015 !!! Oil will NOT be at 40 or 50bbl for the whole of 2015.....imho.
"Why has LOW been going up?"
Have you been to a Lowe's store? Things are flying off the shelves. Why has LOW been going up? Because people buy lots of stuff from them.
did you lock the door on the way out from your job as " Supervisor level 3 in charge of latrine maintenance? "
topinvest guy..........If IBM buys back even more shares ( maybe 30m- borrow the money, rates are cheap ), imagine how high the EPS goes ? Wow. Isn't that just great strategy. EPS means SQUAT !!
If you were a stock broker you could make millions. I'm giving you a thumbs up for completing your assignment, with great background research and a financially vivid imagination !